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16/04/2014

Trescal pursues its acquisition strategy in North America

Trescal announces that it has acquired Instrument Calibration Services and Test Equipment Repair Corporation located in Atlanta (GA).

Trescal, the international specialist in calibration services, announces today that it has acquired Instrument Calibration Services and Test Equipment Repair Corporation, two companies that provide calibration and repair services for a wide variety of measurement and test equipment. The two transactions consolidate Trescal’s geographical footprint and enhance its calibration and repair capabilities in North America.
The deals were completed with the support of Trescal’s majority shareholder, Ardian, the premium independent private investment company, and underscore Trescal’s position as a leading global provider of calibration services through its global network of over 67 owned calibration laboratories. This is the fourth expansion since Ardian acquired Trescal in July 2013.
Instrument Calibration Services and Test Equipment Repair Corporation — both based in Atlanta, GA, and A2LA accredited — generated roughly $4.2 million in sales last year and have 24 employees including 18 engineers. The terms of the deals are not disclosed.
“The acquisition furthers our growth strategy in North America, and marks another significant step towards our goal of dominating the market within two years,” Guillaume Caroit, General Secretary of Trescal said. “Once again, the expertise of the teams and the reputation of these companies were critical aspects of both acquisitions.”
Britt Myers, President and founder of both Instrument Calibration Services and Test Equipment Repair Corporation, said joining Trescal, a market leader in test and measurement equipment services, was an extraordinary opportunity.
“I am happy to transfer my teams to Trescal, as this group is a pure player and specialist in calibration services strengthening its leadership position as a comprehensive test equipment solutions provider. I am confident that this transaction will be beneficial for both parties and their customers. Also, I would like to thank Guillaume Caroit and Lonnie Spires for their efforts and their professionalism,” Myers said.
Thibault Basquin, Managing Director of Mid Cap Buyout at Ardian, also applauded the deal, noting the strong prospects for Trescal as it continues to work closely with Ardian.
"This latest acquisition fits perfectly with the strategy we laid out when we acquired Trescal,” Basquin said. ”Both the Ardian and Trescal teams have implemented an ambitious roadmap with a view to accelerate external growth and we are confident that new transactions will be announced in the coming months."

03/10/2013

Trescal acquires SE Laboratories with the support of ARDIAN

Trescal consolidates its footprint in the US with the acquisition of SE Laboratories Inc.
Trescal takes a major step forward in its development in the US market and reinforces its position as a leading global provider of calibration services.

Trescal, the international specialist for calibration services, announces today that it has acquired SE Laboratories Inc., a leading calibration services provider in the Silicon Valley. The transaction consolidates Trescal’s geographical footprint and technical coverage in the United States. This acquisition has been completed thanks to the support of its majority shareholder, ARDIAN, the premium independent private investment company, formerly known as AXA Private Equity.
With this transaction, Trescal now takes another major step forward in its development in the US calibration market and reinforces its position as a leading global provider of calibration services through its global network of over 65 owned calibration laboratories. This acquisition is the third since the change of ownership to ARDIAN in July 2013. Trescal group’s pro forma turnover now rises to €177 million, an increase of 17% in less than three months.
Founded in 1978 in Santa Clara (CA), SE Laboratories, Inc. employs 60 people and has a turnover of around US$14 million. Its A2LA accredited laboratory provides a one-stop-shop offer to a customer base mainly in the electronics & telecoms and aerospace & defence industries.
Guillaume Caroit, General Secretary, Trescal Group, says: ”We are very pleased with this acquisition; the quality of SE Laboratories’ management and the company’s strong technical skills were key in our decision. With the help of ARDIAN, we will keep on investing in performing calibration companies in the United States.”
Anil Singh, founder and CEO of SE Laboratories, comments: “After 35 years in business, I am delighted that SE Laboratories has become a part of the Trescal organization. The merger will expand Trescal’s capabilities in the United States and increase the know-how of both companies worldwide. Trescal’s acquisition team was professional in all aspects of the negotiations and they respected the vision we have maintained over the years. Trescal's corporate culture, in terms of its commitment to quality and customer service, coincides with ours and that was the determining factor in our decision. I am confident that the union with Trescal is the best solution for both our customers and our employees and have the utmost confidence in its success.”
Thibault Basquin, Managing Director at ARDIAN, adds: “Since Trescal’s acquisition in July 2013, we have devoted a lot of energy and resources to Trescal in order to rapidly implement the ambitious development plan that we share with Olivier Delrieu and his team. SE Laboratories was already identified as a potential build-up opportunity when we invested in Trescal and it is the third acquisition completed within 3 months. This transaction is another example of how ARDIAN supports its portfolio companies in ambitious international projects.”
Olivier Delrieu, Trescal CEO, concludes: “The acquisition of SE Laboratories is in line with our international growth strategy which aims to establish Trescal as a global pure player in calibration services, in order to better serve our customers and take advantage of new business opportunities. We are now consolidating our strong position in Europe whilst reinforcing our presence in North America. We also intend to enter South America in the coming months.”

03/06/2013

Trescal pursues its partnership with manufacturers of the Aeronautic and Space sector

Trescal which achieves 52% of its sales in the aerospace and defence sector continues its market penetration through new partnerships.

Since 2010, the Group has signed approximately €10 million per annum of multi-year contracts with existing and new customers in this sector in Europe, USA and Asia, 30% of which have been in France. This recognition acknowledged by the market leaders reinforces the Group’s strategy to supports its customers wherever there are located.
It is thanks to its comprehensive “One-Stop-Shop” offer of calibration services and its strong expertise in measurement process management that the Group is able to provide an equivalent level of quality throughout the world and consolidate its leading position in the market.
For the industrial players in this sector, Trescal wants to be a true global partner capable of providing initiative programs for their international projects.
Trescal will be participating in the Paris International Air Show: Hall 2B Stand E 155
As for the Paris Air Show in 2011 and Farnborough in 2012, Trescal emphasizes its involvement in the aviation sector by introducing an aircraft branded in the colours of the Group which will conduct aerobatic displays. The aircraft’s pilot is no other than Jean-Marc d’Hulst Trescal France Deputy General Manager.

02/05/2013

ST Aerospace Solutions and Trescal conclude a partnership on calibration services in Copenhagen

ST Aerospace Solutions (Europe) A/S and Trescal A/S have concluded a partnership on the delivery of calibration services at the Scandinavian operations of STAS based near Copenhagen International Airport.

Trescal takes over and continues to run STAS’ Copenhagen based calibration laboratory with a team of eight former STAS employees. The laboratory is highly specialised and proficient in calibration and repair of measurement equipment for aircraft maintenance. The laboratory will also continue to provide calibration and repair of standard measurement equipment
Along with from STAS’ Copenhagen operations the laboratory also serves STAS’ Stockholm and Oslo facilities and third party customers throughout Scandinavia.
“We are thrilled by this agreement which demonstrates once again that Trescal is the first choice of a major player in the aviation industry when it comes to partnerships in calibration services” says Timo Grünewälder, General Manager North-East Europe at Trescal. “We shall not only continue to serve STAS with world-class calibration on a long-term basis but through this new geographical presence we also strengthen our service proposition to other customers in the Copenhagen and southern Swedish industrial region.”
“We are very happy about this cooperation with STAS and the new lab and colleagues in Copenhagen. Until now we have been covering Denmark from our lab in Silkeborg – now we will be able to serve locally our Copenhagen area costumers with the resulting advantages.
Once fully integrated into Trescal, the activities of the lab will be extended to the southern regions of Sweden” says Jan Wrang, Director Trescal Denmark

11/03/2013

Trescal acquires ISOCAL Elektronische Geräte GmbH in Austria

Trescal, the international specialist for calibration services, reinforced its geographical and technical coverage in Central Europe with the acquisition of Isocal GmbH, a leading calibration service provider in Austria.

With a turnover of € 2.5 million, Isocal has 17 employees across 2 laboratories located in Vienna and Graz. They are specialized in electrical, temperature and pressure calibration with on-site teams servicing clients in the Life Sciences, Pharmaceutical and Electronics sectors.
The high level of skills and accreditation in low frequency power, including the particularities of AC power, high voltage, DC/AC current and the broad range in temperature accreditation (-80° to 660°C)
enhance Trescal ‘s technical offer in Central Europe.
«This new acquisition consolidates our position in Central Europe enabling us to serve our customers in the neighbouring countries. It reinforces our “one-stop-shop” offer in calibration services for test and measurement equipment and broadens our accredited domain offering. » says Guillaume Caroit, General Secretary Trescal Group.
Gerald Kern, founder of Isocal says "The integration of ISOCAL into the Trescal organisation will enlarge our calibration service offer to our customers and will give our teams the ability to share best practises and expertise with a common goal to better serve our clients. This merger will support the continuous and sustainable growth and strengthen the leading position of ISOCAL in Austria as in the surrounding countries. We are very glad to become part of the Trescal family!.”.
Remi Carnimolla, 3i Partner, and Xavier de Prévoisin, 3i Director, commented: "We are delighted to announce this new acquisition abroad: once again, Trescal shows how a proven model can develop despite a challenging business environment. With 3i’s support, Trescal continues its international expansion to strengthen its leading position and create an integrated group to serve its global clients”.
With this acquisition, Trescal offers a wide range of calibration services through an unequalled worldwide network that reaches over 62 own calibration laboratories. This is the twelfth acquisition of the group since 2007 in 10 different countries.